Anthony M. Comorat Contributes to Bloomberg Poll


Posted May 17, 2013 by anthonycomorat

In 2009, Anthony M. Comorat was featured in a Bloomberg article about New York as the “leading global financial center.”

 
Four years ago, Anthony M. Comorat was featured in a Bloomberg article, which discussed a poll that Bloomberg L.P. put out to find out how people felt about the investment climate in a number of cities across the world. It turns out that even though the financial crisis has been the worst in several decades with little change since the article was published, New York was still the “leading global financial center” in this particular poll.

Anthony M. Comorat believes that even though most poll participants believed in the qualities of New York, China is a country that holds as much – if not more – potential. In fact, according to Anthony M. Comorat, China is an “optimal environment” for financial services that have yet to exist in the West.

This is because, according to Anthony M. Comorat, China has “no financial crisis and a budget surplus,” which puts the country in “a position to acquire and operate global businesses on an unprecedented scale.”

Regardless, those who participated in the poll chose New York over China as the “best place for financial services two years from now.” According to Anthony M. Comorat, this happened despite the general pessimism about the investment climate in the United States overall. Anthony M. Comorat knows that participants in the poll were more optimistic about places like China, India, and even Brazil. Anthony M. Comorat knows that these new markets are emerging strongly, which is why poll participants see high prospects for investments.

Anthony M. Comorat has seen the numbers comparing China, India, and Brazil – they are extremely comparable, which further supports what he believed to be true about the prospects for investment in China during the time that he was polled. According to Anthony M. Comorat, even Japan is not as high a prospect due to its aging population and relative debt to output.

Anthony M. Comorat also knows the United States Department of State’s stats for the same year – China attracted $95 billion in 2009, but the United States still attracted more. The chances of China eclipsing the United States are up in the air.
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Last Updated May 17, 2013